The sluggish global economy continues to constrain U.S. growth, with weakness concentrated in trade-sensitive industries. While further improvement in the nation's labor market signals underlying economic strength, downside risks from global developments have triggered a pause in Federal Reserve policy action and pushed down long-term interest rates.
The analysis above is not intended as a trade recommendation. The analysis and forecasts are based on available public data and on the best judgment of PRX, but cannot be guaranteed to conform to future reality.
